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Verna Grayce Chao

Executive Vice President
City National Bank
City National Bank

Connect with Verna Grayce

Verna Grayce Chao is executive vice president in charge of City National Bank’s Treasury Management Solutions and serves on the bank’s Executive Committee. Verna Grayce oversees City National’s commercial deposit products and the bank’s fintech subsidiaries. These include Exactuals, a Los Angeles-based provider of innovative SaaS solutions for complex payments in the entertainment industry; FilmTrack, a Studio City-based leader in intellectual property rights management; and AgilLink, a leading developer of specialized accounting and productivity software.

Verna Grayce previously served as general manager of AgilLink before being promoted to her current role in March 2019. Before joining AgilLink in 2017, she served as the general manager and chief marketing officer of Source Medical Solutions in Los Angeles. Additionally, she was a marketing director for Dell and program director for IBM.

Verna Grayce was recognized as one of the most influential women in banking by the Los Angeles Business Journal in 2020 and 2021. She was also named in the Top Teams of American Banker’s most powerful women in banking in 2021. She is a founding member of the Los Angeles chapter of Chief, a private network that connects and supports rising female leaders. She also serves the community as a board member for the American Red Cross (Los Angeles Region).

Verna Grayce earned her bachelor’s degree from Boston University and her master’s degree in business administration from the University of Chicago’s Booth School of Business. She lives in Hermosa Beach, California, with her husband, Peter, and their two children.